Prices are still rising. Here's what's getting more expensive
CNN
America's prices are continuing to rise as the economy recovers from the pandemic, and consumer wallets are feeling the squeeze. If you're looking for a bright side, though, prices didn't rise as much in July as in prior months, indicating that price increases might at least be slowing down a little bit.
Without including the volatile food and energy categories, consumer prices increased 4.3% in the 12-month period ending in July, slightly lower than June's increase. Overall prices rose 5.4%, the same increase seen in June. Looking at just the month of July, consumer prices rose 0.5% on the whole, less than the 0.9% increase for the prior month. Removing food and energy, prices rose 0.3% in the month of July.
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